Comment by kharak

2 years ago

> It only spends the legal minimal amount for charity, 5% (way less than taxes that would go to build roads, hospitals and schools). The rest is invested in a portfolio that, by the magic of being in a non profit, can make billions without paying any tax.

To clarify, 5% of what? Of capital in the non-profit? Of revenue generated by the non-profit? Something else?